london metals & commodities limited

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london metals & commodities limited Company Information

Share LONDON METALS & COMMODITIES LIMITED

Company Number

02250875

Directors

Rama Rathi

Sunil Kulwal

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Shareholders

birla international limited

Group Structure

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Industry

Wholesale of metals and metal ores

 

Registered Address

suite 2, 2nd floor, park towers, 2 brick street, london, W1J 7DD

london metals & commodities limited Estimated Valuation

£11.3m

Pomanda estimates the enterprise value of LONDON METALS & COMMODITIES LIMITED at £11.3m based on a Turnover of £41.4m and 0.27x industry multiple (adjusted for size and gross margin).

london metals & commodities limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of LONDON METALS & COMMODITIES LIMITED at £2m based on an EBITDA of £546.5k and a 3.71x industry multiple (adjusted for size and gross margin).

london metals & commodities limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of LONDON METALS & COMMODITIES LIMITED at £4.4m based on Net Assets of £2.7m and 1.64x industry multiple (adjusted for liquidity).

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London Metals & Commodities Limited Overview

London Metals & Commodities Limited is a live company located in london, W1J 7DD with a Companies House number of 02250875. It operates in the wholesale of metals and metal ores sector, SIC Code 46720. Founded in May 1988, it's largest shareholder is birla international limited with a 100% stake. London Metals & Commodities Limited is a mature, large sized company, Pomanda has estimated its turnover at £41.4m with high growth in recent years.

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London Metals & Commodities Limited Health Check

Pomanda's financial health check has awarded London Metals & Commodities Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

0 Regular

positive_score

6 Weak

size

Size

annual sales of £41.4m, make it larger than the average company (£27.7m)

£41.4m - London Metals & Commodities Limited

£27.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (14.8%)

18% - London Metals & Commodities Limited

14.8% - Industry AVG

production

Production

with a gross margin of 1.7%, this company has a higher cost of product (17.3%)

1.7% - London Metals & Commodities Limited

17.3% - Industry AVG

profitability

Profitability

an operating margin of 1.3% make it less profitable than the average company (6.2%)

1.3% - London Metals & Commodities Limited

6.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (30)

1 - London Metals & Commodities Limited

30 - Industry AVG

paystructure

Pay Structure

on an average salary of £132k, the company has a higher pay structure (£51.7k)

£132k - London Metals & Commodities Limited

£51.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £41.4m, this is more efficient (£929.9k)

£41.4m - London Metals & Commodities Limited

£929.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 36 days, this is earlier than average (64 days)

36 days - London Metals & Commodities Limited

64 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (50 days)

23 days - London Metals & Commodities Limited

50 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (75 days)

3 days - London Metals & Commodities Limited

75 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (7 weeks)

54 weeks - London Metals & Commodities Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.3%, this is a higher level of debt than the average (53%)

69.3% - London Metals & Commodities Limited

53% - Industry AVG

LONDON METALS & COMMODITIES LIMITED financials

EXPORTms excel logo

London Metals & Commodities Limited's latest turnover from October 2023 is £41.4 million and the company has net assets of £2.7 million. According to their latest financial statements, London Metals & Commodities Limited has 1 employee and maintains cash reserves of £3.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover41,420,17452,631,12424,478,21025,180,48036,926,41238,481,53736,309,17325,992,38032,767,40447,394,05733,757,32141,229,18562,691,45639,488,55416,108,203
Other Income Or Grants
Cost Of Sales40,700,48851,950,01224,102,45624,722,25136,511,51737,873,10435,555,54725,769,48232,414,43546,736,16633,113,00740,751,04562,107,43338,989,56715,624,350
Gross Profit719,686681,112375,754458,229414,895608,433753,626222,898352,969657,891644,314478,140584,023498,987483,853
Admin Expenses173,865255,564308,737315,292356,827334,875337,616309,924321,591314,576313,056312,233325,958288,535306,133
Operating Profit545,821425,54867,017142,93758,068273,558416,010-87,02631,378343,315331,258165,907258,065210,452177,720
Interest Payable47,17162,991260,761
Interest Receivable17,6291752551505135466837485554901582
Pre-Tax Profit516,279362,73267,019142,99258,218273,609416,045-86,98031,446343,352331,306165,962258,119211,353178,302
Tax-3,350-33-10-29-10-7-9-14-8-10-1,184-293,769-493
Profit After Tax512,929362,69967,019142,98258,189273,599416,038-86,98931,432343,344331,296164,778-35,650211,353177,809
Dividends Paid
Retained Profit512,929362,69967,019142,98258,189273,599416,038-86,98931,432343,344331,296164,778-35,650211,353177,809
Employee Costs131,99994,50087,00070,72783,03378,32380,24471,71371,72171,74970,35966,70260,27553,31945,813
Number Of Employees16239222222222222
EBITDA*546,525428,33070,446146,23261,363276,853418,790-84,24635,125346,013334,433169,050259,868210,452179,939

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets2,2652,9692,9025,6638,95812,25312,97415,75418,53415,29017,98817,80717,44617,6097,229
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,2652,9692,9025,6638,95812,25312,97415,75418,53415,29017,98817,80717,44617,6097,229
Stock & work in progress368,559896,622994,293268,4881,759,7543,091,0701,512,6352,084,5161,410,0882,387,8821,907,7031,464,9632,160,3492,611,0191,982,938
Trade Debtors4,136,3329,378,5213,975,2433,372,0313,736,9695,124,6143,088,8124,897,9973,680,7175,393,9462,450,1444,817,2854,816,0357,015,3943,215,098
Group Debtors
Misc Debtors479,041174,61419,37258,56612,43254,568163,04640,275109,384636,915146,829340,866485,972
Cash3,722,200798,386843,3031,477,428444,187644,7351,138,527591,459344,918342,335196,865558,874499,369282,108415,673
misc current assets
total current assets8,706,13211,248,1435,812,8395,137,3195,999,4768,872,8515,794,5427,573,9725,598,7698,164,4384,664,0967,478,0377,622,58210,249,3876,099,681
total assets8,708,39711,251,1125,815,7415,142,9826,008,4348,885,1045,807,5167,589,7265,617,3038,179,7284,682,0847,495,8447,640,02810,266,9966,106,910
Bank overdraft656,7193,715,396964113,8693,103,3862,4731,368,2463,539,689921,5083,037,1023,863,2636,671,4851,427,493
Bank loan
Trade Creditors 2,639,6932,468,7401,716,860911,4491,767,9101,536,4591,381,5634,279,3821,200,9531,663,7411,177,1592,255,1441,729,3641,357,8502,582,309
Group/Directors Accounts1,883,5941,813,894
other short term finances
hp & lease commitments
other current liabilities267,164296,275121,761177,656220,817358,921898,056162,992199,030158,745117,996117,287259,444399,944
total current liabilities3,563,5766,480,4111,839,5851,089,1052,102,5964,998,7662,282,0924,279,3822,732,1915,402,4602,257,4125,410,2425,709,91410,172,3736,223,640
loans2,468,5262,607,3352,175,4892,320,2292,315,1722,353,8602,266,5462,467,5101,955,2891,878,8771,869,6251,861,851
hp & lease commitments
Accruals and Deferred Income
other liabilities11,871,141
provisions
total long term liabilities2,468,5262,607,3352,175,4892,320,2292,315,1722,353,8612,266,5462,467,5101,955,2891,878,8771,869,6251,861,8511,871,141
total liabilities6,032,1029,087,7464,015,0743,409,3344,417,7687,352,6274,548,6386,746,8924,687,4807,281,3374,127,0377,272,0937,581,05510,172,3736,223,640
net assets2,676,2952,163,3661,800,6671,733,6481,590,6661,532,4771,258,878842,834929,823898,391555,047223,75158,97394,623-116,730
total shareholders funds2,676,2952,163,3661,800,6671,733,6481,590,6661,532,4771,258,878842,834929,823898,391555,047223,75158,97394,623-116,730
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit545,821425,54867,017142,93758,068273,558416,010-87,02631,378343,315331,258165,907258,065210,452177,720
Depreciation7042,7823,4293,2953,2953,2952,7802,7803,7472,6983,1753,1431,8032,219
Amortisation
Tax-3,350-33-10-29-10-7-9-14-8-10-1,184-293,769-493
Stock-528,063-97,671725,805-1,491,266-1,331,3161,578,435-571,881674,428-977,794480,179442,740-695,386-450,670628,0811,982,938
Debtors-4,937,7625,577,892583,840-404,132-1,341,5111,993,666-1,754,6171,054,234-1,590,4582,874,693-2,894,672491,336-2,393,3963,655,1903,701,070
Creditors170,953751,880805,411-856,461231,451154,896-2,897,8193,078,429-462,788486,582-1,077,985525,780371,514-1,224,4592,582,309
Accruals and Deferred Income-29,111174,514-55,895-43,161-138,104-539,135898,056-162,992-36,03840,28540,749709-142,157-140,500399,944
Deferred Taxes & Provisions
Cash flow from operations6,150,842-4,125,530-489,6831,141,9982,827,508-3,679,497745,5181,102,5202,104,537-2,482,0001,749,119898,4053,039,522-5,437,778-2,522,309
Investing Activities
capital expenditure-2,574-6,991-3,356-3,504-1,640-10,380-3,479
Change in Investments
cash flow from investments-2,574-6,991-3,356-3,504-1,640-10,380-3,479
Financing Activities
Bank loans
Group/Directors Accounts-1,883,59469,7001,813,894
Other Short Term Loans
Long term loans-138,809431,846-144,7405,057-38,68887,314-200,964512,22176,4129,2527,7741,861,851
Hire Purchase and Lease Commitments
other long term liabilities-11-1,871,1411,871,141
share issue6-294,539
interest-29,542-62,816255150-260,71035466837485554901582
cash flow from financing-168,351369,030-144,7385,112-38,539-173,395-200,923512,26776,4809,2897,822-9,235-12,39970,6011,519,937
cash and cash equivalents
cash2,923,814-44,917-634,1251,033,241-200,548-493,792547,068246,5412,583145,470-362,00959,505217,261-133,565415,673
overdraft-3,058,6773,714,432964-113,869-2,989,5173,100,9132,473-1,368,246-2,171,4432,618,181-2,115,594-826,161-2,808,2225,243,9921,427,493
change in cash5,982,491-3,759,349-635,0891,147,1102,788,969-3,594,705544,5951,614,7872,174,026-2,472,7111,753,585885,6663,025,483-5,377,557-1,011,820

london metals & commodities limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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London Metals & Commodities Limited Competitor Analysis

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Perform a competitor analysis for london metals & commodities limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in W1J area or any other competitors across 12 key performance metrics.

london metals & commodities limited Ownership

LONDON METALS & COMMODITIES LIMITED group structure

London Metals & Commodities Limited has 1 subsidiary company.

Ultimate parent company

BIRLA INTERNATIONAL LTD

#0022168

1 parent

LONDON METALS & COMMODITIES LIMITED

02250875

1 subsidiary

LONDON METALS & COMMODITIES LIMITED Shareholders

birla international limited 100%

london metals & commodities limited directors

London Metals & Commodities Limited currently has 3 directors. The longest serving directors include Mr Rama Rathi (Nov 1991) and Mr Sunil Kulwal (Oct 2023).

officercountryagestartendrole
Mr Rama RathiSwitzerland84 years Nov 1991- Director
Mr Sunil KulwalSwitzerland64 years Oct 2023- Director
Mr Swapnil TapariaEngland53 years Oct 2024- Director

P&L

October 2023

turnover

41.4m

-21%

operating profit

545.8k

+28%

gross margin

1.8%

+34.26%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

2.7m

+0.24%

total assets

8.7m

-0.23%

cash

3.7m

+3.66%

net assets

Total assets minus all liabilities

london metals & commodities limited company details

company number

02250875

Type

Private limited with Share Capital

industry

46720 - Wholesale of metals and metal ores

incorporation date

May 1988

age

37

incorporated

UK

ultimate parent company

BIRLA INTERNATIONAL LTD

accounts

Full Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

R VORA & CO LIMITED

address

suite 2, 2nd floor, park towers, 2 brick street, london, W1J 7DD

Bank

UNION BANCAIRE PRIVEE

Legal Advisor

-

london metals & commodities limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 4 charges/mortgages relating to london metals & commodities limited. Currently there are 0 open charges and 4 have been satisfied in the past.

london metals & commodities limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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london metals & commodities limited Companies House Filings - See Documents

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